MACC Seeks Mutual Legal Assistance for RM1.1 Billion Investment Investigation

Investigations News

MACC Seeks Mutual Legal Assistance for RM1.1 Billion Investment Investigation
MACCAnti-CorruptionInvestigation

The Malaysian Anti-Corruption Commission (MACC) is seeking mutual legal assistance from Taiwan and the UK to obtain statements from several people involved in a RM1.1 billion investment investigation. The investigation was opened on February 16 following complaints from several NGOs alleging that the strategic cooperation agreement in the semiconductor industry between the economy ministry and UK company Arm Limited was concluded hastily and in a biased manner, potentially causing financial losses to the government.

The Malaysian Anti-Corruption Commission ( MACC ) is seeking mutual legal assistance from Taiwan and the UK to obtain statements from several people involved in a RM1.1 billion investment investigation.

MACC chief commissioner Abd Halim Aman stated that the agency contacted the Attorney-General's Chambers for assistance in the matter. The process is necessary to legally obtain statements and information from the persons involved, as the investigation may take some time due to its involvement with two other jurisdictions. MACC has recorded statements from 26 people, including former economy minister Rafizi Ramli and his former aide, James Chai.

Documentation and analysis of evidence related to the case are ongoing, and Rafizi's submitted documents will be reviewed

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

fmtoday /  🏆 5. in MY

MACC Anti-Corruption Investigation Mutual Legal Assistance Taiwan UK RM1.1 Billion Investment Strategic Cooperation Agreement Semiconductor Industry UK Company Arm Limited Economy Ministry Biased Manner Financial Losses Government

 

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hamzah’s ‘Reset’ seeks to unite Malaysians beyond party linesHamzah’s ‘Reset’ seeks to unite Malaysians beyond party linesSaifuddin Abdullah says the goal is to gather citizens from diverse spheres of society to build a better, more progressive and prosperous nation.
Read more »

Pembatalan NSM: Malaysia hantar notis tuntutan lebih RM1 bilionPembatalan NSM: Malaysia hantar notis tuntutan lebih RM1 bilionNotis tuntutan rasmi telah dihantar hari ini.
Read more »

Former TVB actor Steven Ma joins listed company as senior exec with RM1.28mil annual salaryFormer TVB actor Steven Ma joins listed company as senior exec with RM1.28mil annual salaryKUALA LUMPUR: The Asia School of Business (ASB) has achieved a historic milestone by debuting at 94th globally in the prestigious Financial Times (FT) Executive Education Custom Rankings.
Read more »

MACC Seeks Mutual Legal Assistance to Obtain Statements from Taiwan and UK Individuals in RM1.1bil Investment CaseMACC Seeks Mutual Legal Assistance to Obtain Statements from Taiwan and UK Individuals in RM1.1bil Investment CaseThe MACC, under Section 23 of the MACC Act 2009 and Sections 420 and 409 of the Penal Code, opened an investigation into the case on February 16 after complaints from several non-governmental organizations. The investigation aims to establish if a strategic cooperation agreement between the Economy Ministry and UK company ARM Limited was made in a biased and rushed manner, potentially resulting in financial repercussions for the government.
Read more »



Render Time: 2026-05-20 17:36:42